Significance Of MAT Committee Report

On Friday evening the Government appointed, Justice AP Shah led, committee will submit its report on whether Minimum Alternate Tax should apply to foreign companies including foreign portfolio investors. What could the likely findings and their impact be? CNBC TV18’s Menaka Doshi looks at the likely scenarios with Dinesh Kanabar, Founder, Dhruva Advisors

Scenario 1NO MAT ON FOREIGN COMPANIES

Scenario 2MAT ON ALL FOREIGN COMPANIES

Scenario 3MAT ONLY ON FOREIGN COMPANIES WITH PERMANENT ESTABLISHMENTS IN INDIA